This $22.5 Million Miami Beach Penthouse Was Purchased Using Cryptocurrency

At $22.5 million, this Miami Beach penthouse is the most expensive property ever purchased with cryptocurrency. The 5,067-square-foot penthouse is located on the ninth floor of the 12-story luxury building. The anonymous buyer will also enjoy a 2,960-square-foot terrace with oceanfront views.

The building offers indoor and outdoor swimming pools, a gym, a yoga studio, a sauna, and a steam room. There’s also a children’s playroom, a catering kitchen, temperature-controlled parking spaces, and a rooftop tennis court which I hope comes with a ton of extra tennis balls because they will be go over the rooftop.

The practice of using cryptocurrency to purchase real estate has been picking up steam for years.